Example Rental

Class B-, built in the mid 1980s, we did some internal modernizing and a new roof

Return to Track Record

4954 S Germantown Rd Memphis, Tennessee 38141

  • 3 Beds
  • 2.0 Baths
  • 1,643 Sqft
  • 0.34% Cash on Cash

Cost & Income

Purchase Price
$215,319
Renovation Costs
$25,993
Development Fee
$3,500
Total Basis
$244,812
Purchase Date
06/24/22
Date Rented -1362 days
Gross Rent
$1,395/mo
Vacancy (5.00%)
($6)
Property Mgmt (7.50%)
($105)
Other Expenses
($514)
Net Operating Income
$770/mo
Cap Rate
3.78%

Levered Cash Return
Not including any appreciation

Appraised Value
$184,000
Loan (75% LTV)
$138,000
LTC %
56%
Cash In
$106,812
Yield on Cash
2.20%
Net Operating Income
$9,246
Debt Service (P&I)
($8,887)
Cash Flow 0.34%
$358
Principal Paydown 1.86%
$1,987
Total Income
$2,346
4954 S Germantown Rd
Estimated Value
$184,000
Value Over Cost
$-60,812
Initial Capital Gain
-24.84%

Interested in investing with us?

Request Information